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re: U.S. Homebuilders Confidence Slips in January

Posted on 1/20/21 at 10:12 am to
Posted by WeAreBR
Member since Oct 2020
125 posts
Posted on 1/20/21 at 10:12 am to
Yes, builder confidence has gone down from record in November. Big things to also consider - there are more families being formed that are looking for housing than there is supply available. Additionally, supply is down due to Covid. Once supply (materials and workforce) return, we will see these construction prices go down.
Posted by achenator
Member since Oct 2014
2956 posts
Posted on 1/20/21 at 11:17 am to
quote:

we will see these construction prices go down.


Except for a dip in existing home prices in 08-09-10 I Hcw heard construction prices will go down. I never have seen them go down by any appreciable amount at least on the Northshore.
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